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24-Unit Multifamily Condo Portfolio
For Sale
$6,890,000

225 Country Club Parkway, Maumelle, AR 72113

Residential, Traditional, Maumelle, AR

Property Size41,136 SF
Lot Size1.73 Acres
Price / SF$167.49
Days on Market227

Property Features for 225 Country Club Parkway

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Great Room, Bedroom 3, Laundry Room, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2
Security features Security System
Patio and Porch features Deck, Porch
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Security System, Walk-In Closet(s), Balcony/Loft, Ceiling Fan(s), Walk-in Shower, Wired for Highspeed Inter, Kit Counter-Quartz
Exterior features Deck, Porch, Guttering
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal
Subdivision ISABELLE COURT
Lot features Level, Golf Course Frontage, Cleared, In Subdivision, Golf View
Directions Maumelle Boulevard to right on Country Club Parkway. Townhomes are on the left just at the entrance to the Country Club of AR Golf Course
Standard status Active
APN 42M-026-13-030-00
Size 41,136 SF
Lot size 1.73 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description see legal
Tax Annual Amount 760
HOA Fee $150 Monthly
Legal Description see legal

Building Details

Year built 2024
Floors in Building 2
Flooring type Tile, Carpet, Wood, Vinyl
Roof type Shingle
Architectural style Other
Listing Agency: IRealty Arkansas - Sherwood
Listed By: Jon Kennon · License #EB00082753
Added: Mar 20 Changed: Oct 29 Last Checked: Nov 1 at 6:06PM
MLS# 26010788

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 24-unit condominium portfolio at 225 Country Club Parkway includes townhome-style residences totaling 41,136 square feet on 1.73 acres. The property was built in 2024, with each residence offering three bedrooms and three bathrooms, a great room, laundry room, walk-in closets, quartz kitchen counters, and electric appliances. Interior finishes include wood, tile, vinyl, and carpet flooring, while exterior features include porches, decks, and guttering.

The portfolio is currently occupied by 22 of 24 units. Additional property features include security systems, smoke detectors, electric water heaters, washer and dryer connections, balconies or lofts, high-speed internet wiring, shingle roofing, and walk-in showers. The property is located in Maumelle, Arkansas, in Pulaski County.

Key Highlights

  • 24‑unit condominium portfolio totaling 41,136 square feet
  • 22 of 24 units currently occupied
  • Built in 2024 on 1.73 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$309,458
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,189,160 $6.2M
Cap Rate 7%
$4,420,829 $4.4M
Cap Rate 9%
$3,438,422 $3.4M
Market Conditions
NOI Build-Up for 41,136 SF
Gross rent
$597.3K $14.52/SF
− Vacancy
−$34.6K −$0.84/SF
EGI
$562.7K $13.68/SF
− OpEx
−$253.2K −$6.16/SF
NOI
$309.5K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,189,160
Cap Rate 7%
$4,420,829
Cap Rate 9%
$3,438,422

Alternative Uses

Best Use
Apartment 5plus
$4.42M
$3.87M – $5.16M (±1% cap)
NOI $309,458 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.85M
$6.87M – $9.15M (±1% cap)
NOI $549,272 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 72113, AR

25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Townhome-style condominium units offer three-bedroom layouts, private outdoor features, and in-place occupancy.
Where is this multifamily property located?
The property is located at 225 Country Club Parkway Maumelle, AR.
What is the asking price?
The asking price for this property is $6,890,000.
What are key features of this property?
This property features: 24‑unit condominium portfolio totaling 41,136 square feet; 22 of 24 units currently occupied; Built in 2024 on 1.73 acres
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